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Tagged: Ewanick

Auto
12:20 pm
Thu August 2, 2012

GM announces second quarter earnings but mum on Ewanick

Credit General Motors / GM
Joel Ewanick receiving Green Car of the Year for the Chevy Volt
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GM's second quarter profit dropped from a year ago. The company made $1.5 billion, down from $2.5 billion, largely due to losses in Europe.  

The company also took an unusual step related to damage control, after a high-profile firing at the company on Sunday.

GM departed from the industry norm and only allowed analysts, not media, to ask questions during its earnings conference call.

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